Analysis of the Fund’s 2021 annual report by Fossil Free Greater Manchester shows the Fund increased its holdings of fossil fuel shares between 2019 and 2020, undercutting its claims it has made moves to divest.
Greater Manchester Pension Fund is the biggest investor by far in fossil fuels of any local government pension scheme in the country. Environmental groups are calling on GMPF to divest from fossil fuels, to help tackle the climate emergency.
Research reveals Greater Manchester Pension Fund’s fossil fuel investments devalued by £375m over the last 3 years, casting doubt on the Fund’s claim that it is merely fulfilling its fiduciary duty to employers and pensioners by investing in gas and oil companies.
Manchester branch of Extinction Rebellion, demonstrate outside Siemens HQ in Manchester. Calling on them to quit the Adani coalmine project. Activists are invited in to talk by Siemens managers, but are not impressed by what they hear. The main entrance to the Siemens UK headquarters in Manchester was blockaded this morning by Extinction Rebellion activists […]
On Monday 2nd Sept, Rising Up family group visited the Greater Manchester Pension Fund to give cards that children had made asking them to stop investing £2billion in fossil fuels. Lillia Adetoro, 10-year-old climate activist, read out a poem on the day and is seeking a meeting with the Pension Fund’s chair, Cllr Brenda Warrington, to talk. […]
Anti-fracking activists took to Deansgate last weekend to protest the sponsorship of the British national cycling team by Ineos, the fracking company and chemicals giant. While remaining peaceful and respectful of cycling fans, the protestors gathered at the start of the race in Altrincham and at the finish in Deansgate. The protestors held banners and […]
By Manchester Labour for a Green New Deal: Manchester City Council declared a climate emergency on Wednesday. In following the lead of Parliament, which made history by being the first in the world to declare an emergency on the 1 May 2019, the council add their name to a growing list of public bodies that […]